Gold consolidating and performance positive returns amid weak US data

Gold consolidating and performance positive returns amid weak US data 

Gold prices have fallen since the start of the European trading day of the levels above US $ 1250 per ounce to US $ 1241.5 level at which touched this afternoon and came because of the rise in global stock markets

 Asian and European, especially that recorded significant growth, and thereafter With the release of weak US data returned gold to rise up the level of $ 1251.5 per ounce, trying cohesion near this level despite the dollar, which has remained strong and liquidity, which returned to the US equity markets.

Although I said analysis for the precious yellow metal today, but there are those who pointed to the gold is still targeting the level of $ 1260 per ounce, which could pave the way for him to further gains and reach levels close to $ 1271 per ounce, according to their expectations.